Wintergreen Resort is a popular vacation destination located in the Blue Ridge Mountains of Virginia. It offers a wide range of activities for visitors to enjoy, including skiing, golfing, hiking, and more.
But who actually owns this beautiful resort? Let’s take a closer look at the ownership of Wintergreen Resort.
History of Wintergreen Resort
Wintergreen Resort was founded in 1974 by a group of investors led by Jim Lambert. The resort was initially designed as a ski resort but has since expanded to become a year-round vacation destination. Over the years, the ownership of Wintergreen Resort has changed hands several times.
Current Ownership
As of 2021, Wintergreen Resort is owned by EPR Properties, a real estate investment trust based in Kansas City, Missouri. EPR Properties acquired the resort from Pacific Group Resorts Inc., which had owned it since 2012.
EPR Properties
EPR Properties is a publicly-traded company that specializes in owning and leasing entertainment, recreation, and education properties. The company’s portfolio includes properties such as waterparks, movie theaters, and private schools. Wintergreen Resort is one of several ski resorts owned by EPR Properties.
Pacific Group Resorts Inc.
Pacific Group Resorts Inc. was an investment firm that specialized in acquiring and managing hospitality and leisure assets. The company owned several ski resorts across the United States, including Wintergreen Resort.
Previous Ownership
Before being acquired by Pacific Group Resorts Inc., Wintergreen Resort was owned by James C. Justice II. Justice bought the resort in 2000 and oversaw significant expansions and upgrades to its facilities during his time as owner.
James C. Justice II
James C. Justice II is a prominent West Virginia businessman who made his fortune in coal mining. In addition to owning Wintergreen Resort, Justice has also owned several other businesses, including a coal company and a luxury resort in West Virginia.
Conclusion
Wintergreen Resort has changed hands several times since it was founded in 1974. The resort is currently owned by EPR Properties, a real estate investment trust based in Kansas City, Missouri.
Before being acquired by EPR Properties, Wintergreen Resort was owned by Pacific Group Resorts Inc., which had acquired it from James C. Despite changes in ownership over the years, Wintergreen Resort remains a popular vacation destination for visitors from around the world.